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Advent's Moxy(R) Enables $22 Billion First Trust Advisors to Manage Growth

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^{Published in Science and Technology on Thursday, December 10th 2009 at 6:17 GMT by Market Wire}  

SAN FRANCISCO, CA--(Marketwire - December 10, 2009) - Advent Software, Inc. (NASDAQ: [ ADVS ]), a leading provider of software and services for the global investment management industry, today announced that First Trust Advisors LP is leveraging Moxy® to handle its growing number of accounts and escalating trading volume. With more than 850 clients, Moxy® is the most widely used order management system (OMS) in the industry. First Trust Advisors is a portfolio management firm that has approximately $22 billion in assets under management or supervision as of October 31, 2009.

First Trust turned to Moxy® for its built-in modeling, execution and compliance capabilities, as well as its scalability, to keep pace with the firm's growing trade volume. First Trust also needed a solution that offered flexibility for a high degree of customization and integration to their particular workflow. In addition, First Trust has called on Advent to address a variety of challenges in its trading operations, including setting up trade allocation notifications via FIX and accelerating order importing from proprietary/third party systems.

"The way our business has grown over the last five years, it just makes a solution like Moxy® very important," said Roger Testin, Portfolio Manager, First Trust Advisors. "When we need to rebalance accounts, we need to automate as much as possible; Moxy® has helped us automate the whole process. And fortunately, Moxy® interfaces easily with a variety of third-party systems. We have to use a combination of systems, but it all centers around Moxy®."

"Moxy® is designed to solve the complex needs of our customers and it continues to extend its leadership in the trade order management space," said John Bird, Director of Product Marketing at Advent. "Working in active collaboration with First Trust, we have succeeded in delivering a solution that is aligned with their specific trading requirements and supports their business objectives."

About Moxy®

Moxy® is the industry-leading OMS deployed at over 850 firms which automates and streamlines the trading and order management process of investment executions and allows the user to send post trade allocation results to brokers electronically. Moxy® also provides Internet-ready electronic order routing based on the industry standard FIX messaging protocol, allowing users to route trades electronically to any FIX-compliant broker or crossing network that supports the internet or other TCP/IP connections. For more information on Moxy® visit [ https://secure.advent.com/info/pr_moxy ].

About Advent

Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Today firms in 60 countries rely on Advent technology to run their mission-critical operations. Advent's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support and services organization. For more information on Advent products visit [ http://www.advent.com/about/resources/demos/pr ].

Advent, the Advent logo, Advent Software and Moxy are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.